Spacious 4-Family Investment
For Sale
$2,150,000
2402 82nd St, Brooklyn, NY 11214
Large 4-family property near D train with private parking.
Property Size3,240 SF
Lot Size0.06 Acres
Days on Market322
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Property Features for 2402 82nd St
General Information
Standard status
Active
Size
3,240 SF
Lot size
0.06 Acres
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$13,822
Building Details
Building Size
3,240 SF
Year Built
1921
Stories
2
Listing Agency:
Tiger Realty
Listed By:
Emily Hui Chen-Liang · License #HTL8672
(917) 708-9966
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 11
Last Checked: Oct 15 at 1:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiger Realty
Investment Insights
Based on property information with market context.
This is a spacious four-family corner property situated at the intersection of 82nd Street and 24th Avenue. The location is near the D train at 86th Street and local attractions. The lot size is 2,700 square feet (27' x 100'), and the building size is 27' x 70'. The property includes a private driveway on 24th Avenue with space for two cars. Each of the four units features three bedrooms and is equipped with its own dedicated boiler, hot water heater, electric meter, and gas meter. This offers independence and efficiency for tenants. The property is suitable for investors seeking a location with rental potential.
Key Highlights
- Extra‑large 4‑family corner property ideal for investment.
- Prime location near the D train (86th Street) and local attractions.
- Each unit has 3 bedrooms and separate utilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,370
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,400
$1.8M
Cap Rate 7%
$1,262,429
$1.3M
Cap Rate 9%
$981,889
$981.9K
Market Conditions
NOI Build-Up for 3,240 SF
Gross rent
$132.2K $40.80/SF
− Vacancy
−$5.9K −$1.84/SF
EGI
$126.2K $38.96/SF
− OpEx
−$37.9K −$11.69/SF
NOI
$88.4K $27.27/SF
Area
ZIP 11214
Vacancy
4.50%
Lease Rate
$40.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,400
Cap Rate 7%
$1,262,429
Cap Rate 9%
$981,889
Alternative Uses
Best Use
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,370 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$1.13M
$990.0K – $1.32M
NOI $79,200 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,304 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,626
Businesses Nearby
Explore this area
Business Placement
Demographics for 11214, NY
96,560
Population
33,341
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
76%
High-School Grad
2.0 sq mi
ZIP Area
48,280
Density / Sq Mi
$64,286
Median Household Income
$41,172
Median Earnings
$1,710
Median Rent
$1,007,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Large 4-family property near D train with private parking.
Where is this quadplex located?
The property is located at 2402 82nd St Brooklyn, NY.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Extra‑large 4‑family corner property ideal for investment.; Prime location near the D train (86th Street) and local attractions.; Each unit has 3 bedrooms and separate utilities.
